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Sydney is again the best performing MAp investment airport

Australia’s MAp has reported financial highlights for its (core portfolio) investment airports for the three months ended 30-Sep-2009. The trend that was revealed at the time of the previous quarter’s release is seen to continue, with Sydney airport increasing revenue, also passenger and EBITDA growth while all other airports in the stable experienced a decline. Sydney was also able to reduce its costs while only Bristol matched that. The question of when MAp will start to see a good return from its European airports is again raised. At least investment is continuing to be made at all of them.

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